The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...

Vehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...

Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...

Electric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for elect...

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.

Ola Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...

India's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The ...

Hero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshav...

Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challeng...

Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...

Ola Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth o...

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...

Bengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electr...

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...

India's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...

Sources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.

The government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...